Chain Development Of Auto Parts

Compared with previous years, the market concentration is higher. OEMs are becoming more modularized and systematic procurement, and the collaboration between suppliers has become closer. As a result, the global auto parts supplier system has gradually evolved to a pagoda structure. Tier 1 manufacturers are responsible for the management of the entire supply chain, making the cooperation between supply chains more standardized. Companies that develop like this are top-notch in their respective markets. They occupy 80% of the market and dominate the high-end market. The boss of a parts company said: "With the rapid growth of vehicle production and sales, parts companies have encountered a golden opportunity. If you don't catch this express car, you will fall behind and be eliminated."